Elixirr International plc Q2 2026 Earnings Recap

Elixirr’s first-half growth and margin performance led the update: revenue rose 25%, adjusted EBITDA increased 29%, and EBITDA margin was 31%. The shares gained 3.1% after the results.

Key Takeaways

• Management reported a record first half, with revenue up 25% and adjusted EBITDA up 29%.
• Adjusted EBITDA margin was 31%; management said the business remained within its “Rule of 50.”
• AI revenue reached £8 million, up 185% year on year.
• The company had 35 gold clients—those generating at least £1 million in trailing-12-month fees—up 13%; clients generating at least £2 million numbered 24, up 50%.
• Cross-sell rose 27%, contributing £19 million in revenue versus £15 million in the comparable period; management said cumulative post-IPO cross-sell revenue exceeded £100 million.